Tag Archives: East West Bank

Delaware Life Insurance Provides $400MM Credit Facility to Fundamental Renewables

Fundamental Renewables, a provider of financing for solar and other renewable energy projects, secured a $400 million credit facility. Delaware Life Insurance Company, a Group 1001 company, acted as the arranger of the facility and is a lead lender.

Cross River Partners, LSQ and Utica Leaseco Support Enservco’s Refinancing

Enservco retired its $13.8 million senior revolving credit facility with East West Bank via a refinancing transaction that includes a $10 million receivables factoring line from LSQ, a $6.22 million master equipment lease from Utica Leaseco and the issue of a $1.2 million convertible subordinated note to Cross River Partners.

Barclays and East West Bank Provide $135MM of $175MM Financing Package for Drip Capital

Drip Capital, a digital cross-border trade finance platform for small and medium businesses, raised $175 million in fresh capital to power its next phase of growth. The funds include $135 million in warehouse debt facilities from Barclays Investment Bank and East West Bank.